Cameroon: Graphics System will invest FCfa 7 billion in the construction of an industrial printing house in Douala

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Cameroon: Graphics System will invest FCfa 7 billion in the construction of an industrial printing house in Douala

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- Thursday, 13 October 2016 05:48

(Business in Cameroon) - Cameroonian printing company Graphics System will strengthen its setup by establishing an industrial production unit, we officially learned. The project, which has just been approved as eligible for the benefits provided by the 2013 law on promoting private investment in Cameroon, will cost no less than FCfa 7 billion.

A printing company who made its mark in the production of visual communication support for years, Graphics System, who is looking to create 80 jobs as part of this new project, is owned by Cameroonian businessman Jean Baptiste Sanga, a nephew of billionaire Joseph Kadji Defosso.

Jean Baptiste Sanga even became, earlier this year, the president of the Executive Board of the company Assurances Générales du Cameroun (AGC). He replaced Joseph Kadji Defosso, the majority shareholder in the company.

BRM

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